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01 Nov 2009 10:45
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Privacy DisasterFriends Don't Post Friends' Home Addresses On The Internet »Guest Author on November 1, 2009
This guest post was written by Roman Stanek, the founder and CEO of Good Data, a cloud-based business intelligence startup headquartered in San Francisco. Roman has been a tech entrepreneur for almost 20 years. He was founder and CEO of NetBeans (acquired by Sun Microsystems) and Systinet (acquired by Mercury Interactive and later Hewlett Packard). Read Roman’s blog here.When I met Michael Arrington back in April, I told him he was crazy to dismiss the possibility of a first-class technology startup coming out of Europe. I was born and raised in the Czech Republic, I’ve spent the last 15 years working towards building a global hi-tech company. So naturally I took it a bit personally. But I’ve been thinking about this quite a bit since then.
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on November 1, 2009
Proving that microloans can help to change the world one little bit at a time, Kiva.org hit a major milestone today. SInce it’s founding four years ago, it has now made possible $100 million in microloans between individual lenders and entrepreneurs all around the world. The company has brought together 573,000 lenders (people like you and me putting in $25 or more towards a specific project), and 239,000 entrepreneurs.
Most of the entrepreneurs who benefit are in developing countries, but Kiva opened up its service to needy U.S. entrepreneurs last summer (which caused some controversy, but was the right decision). It also has APIs for other developers to build on its data set.
TechCrunch Europe on November 1, 2009
You could say StudiVZ, the German Facebook clone, has a few problems on its hands – and some unwelcome publicity.Back in August Facebook officially became Germany’s biggest social network, increasing reach by more than 50% from March to July 2009 taking it to 6.2 million unique users in Germany. By contrast StudiVZ had 4.28 million uniques.
Then StudiVZ became the subject of some high profile hacks which showed up its lax attitude to security. In particular was that by a 20 year old man who used crawler software to harvest detailed user information from all of the “VZ” sites (owned by VZ-Netzwerke), copying 48,000 profiles in just four hours.
on November 1, 2009
Feedback is rolling in on our Scamville post last night. Even more people are coming forward to talk about their experiences getting ripped off by Offerpal and SuperRewards, or how they were pitched by these companies to add offers to their apps. We’ve got a lot more to say about this before we’re done. And we’re hoping that Facebook and MySpace make the right decisions for users and begin to enforce their own rules on subscription and other scams. Even if it means a huge drop in advertising revenue from the apps that rely on scams to make money.
But in this post we’re going to let two other people make their points. In a comment to the post yesterday HotOrNot founder James Hong talks about how his company tried, and quickly removed, scammy offers from their site. He says “In a nutshell, the offers that monetize the best are the ones that scam/trick users.”
And PlentyOfFish founder Markus Frind talks about being pitched by companies like Offerpal and SuperRewards. He also follows up with a post on his own blog
James Hong:
Last weekend I wrote about how the big social gaming companies are making hundreds of millions of dollars in revenue on Facebook and MySpace through games like Farmville and Mobsters. Major media can’t stop applauding the companies long enough to understand what’s really going on with these games. The real story isn’t the business success of these startups. It’s the completely unethical way that they are going about achieving that success.In short, these games try to get people to pay cash for in game currency so they can level up faster and have a better overall experience. Which is fine. But for users who won’t pay cash, a wide variety of “offers” are available where they can get in-game currency in exchange for lead gen-type offers. Most of these offers are bad for consumers because it confusingly gets them to pay far more for in-game currency than if they just paid cash (there are notable exceptions, but the scammy stuff tends to crowd out the legitimate offers). And it’s also bad for legitimate advertisers.
The reason why I call this an ecosystem is that it’s a self-reinforcing downward cycle. Users are tricked into these lead gen scams. The games get paid, and they plow that money back into Facebook and MySpace in advertising, getting more users. Who are then monetized via lead gen scams. That money is then plowed back into Facebook and MySpace in advertising to get more users…
Here’s the really insidious part: game developers who monetize the best (and that’s Zynga) make the most money and can spend the most on advertising. Those that won’t touch this stuff (Slide and others) fall further and further behind. Other game developers have to either get in on the monetization or fall behind as well. Companies like Playdom and Playfish seem to be struggling with their conscience and are constantly shifting their policies on lead gen.
The games that scam the most, win.
TechCrunch Europe on October 31, 2009
We interrupt normal programming to bring you an issue that’s affecting our ability to create a better tech ecosystem in Europe. At TechCrunch Europe we’ve been trying to help really energize the startup tech community across Europe – which suffers from the difficulty of being disparate and spread out – with a series of organised meetups featuring speakers, pitches and live video streaming on to TechCrunch.com.Now, we’ve done this so far in plenty of places, such as Helsinki, Paris, Stockholm, Barcelona and more recently Berlin and Munich. Wherever we’ve been we’ve attracted 200 or more attendees – that’s practically a full conference. So we’d like to do more. But – and here’s the point of this post – we are fighting against Europe’s high venue costs. So we’re on the hunt for venue partners – maybe startups with really large spaces, or maybe universities – that can help us. Please contact our events team.
are all raising huge amounts of money, growing their user base at a rapid pace and turning a strong profit. The concept has even attracted retail giants like Saks and Neiman Marcus, which are now
Michael Arrington on October 31, 2009
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